TRADING GLOSSARY
Exotic pair
An exotic pair combines a major currency with the currency of a smaller or emerging economy. They usually have wider spreads and lower liquidity.
EXAMPLE
A pair such as USD against the South African rand is considered exotic.
RELATED TERMS
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Glossary definitions are general education only and are not investment advice. Risk disclosure